Accruals quality and the regulation of funding in UK Universities

Margaret Greenwood, Lei Tao

Research output: Contribution to conferencePaper

Abstract

This paper contributes to the growing literature on accruals quality in not-for-profit and public sector entities by investigating the variation in accruals in response to funding incentives in UK Universities. We find evidence firstly, that English Universities, consistent with prior research, report small surpluses close to zero; secondly, that discretionary accruals are income increasing/decreasing when pre-managed performance is less/greater than zero and thirdly, that discretionary accruals decrease with the proportion of income sourced from the Higher Education Funding Council, which makes annual funding awards to Universities subject to stringent monitoring and audit requirements.
Original languageEnglish
Publication statusPublished - 2015
EventBritish Accounting and Finance Association Annual Conference 2015 - Manchester, UK United Kingdom
Duration: 23 Mar 201525 Mar 2015

Conference

ConferenceBritish Accounting and Finance Association Annual Conference 2015
CountryUK United Kingdom
CityManchester
Period23/03/1525/03/15

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  • Cite this

    Greenwood, M., & Tao, L. (2015). Accruals quality and the regulation of funding in UK Universities. Paper presented at British Accounting and Finance Association Annual Conference 2015, Manchester, UK United Kingdom.